Loan Programs

As a part of MBL, you’ll be able to affordably offer your members a variety of small business loans, including:

Member Business Loan Programs

• Business Express Line of Credit—An unsecured revolving credit line up to $50,000
• Secured Line of Credit—A revolving line of credit generally secured by accounts receivable, inventory or other fixed assets
• Conventional—Traditional, non-guaranteed member business loans
• Construction—Building renovation or new construction loans
• Equipment—Equipment acquisition loans
• Business Acquisition—Business purchase financing
• Commercial Real Estate—Loans secured by commercial property

Government Guaranteed Loan Programs

Benefits for credit unions:

• Higher ROA. Click here to learn how member business lending can impact your ROA.
• Small Business Administration (SBA) loans are government-guaranteed loans. SBA guarantees range from 50 – 85%; the guaranteed portion does not impact regulatory lending caps.
• Guaranteed portion of SBA term loans can be readily sold into a well-established secondary market. MBL participants average over 6% premium and retain 1% servicing fee.
• SBA lending increases deposits and overall product per household penetration.

Benefits for credit union members:

• Longer loan maturity, resulting in decreased loan payments and improved cash flow
• Access to capital for start-up and early-stage businesses

Guaranteed Loan Programs:

SBA Express

Term loan or line of credit
Maximum Loan Amount: $350,000
Guarantee: 50%

SBA 7(a) Loan Program

Term loan up to 25-year amortization
Maximum Loan Amount: $2,000,000
Guarantee: 75% – 85%

SBA 504 Loan Program

Term loan for purchase of owner-occupied commercial real estate and industrial equipment
Maximum Loan Amount: Typically $4,000,000
Guarantee: N/A—Lender has first lien with 50% LTV

USDA Business and Industrial Development (B&I)

Term loan up to 30-year amortization
Maximum Loan Amount: Typically $5,000,000
Guarantee: 80-90%

SBA 504 Secondary Market Program

Now you can increase your revenue with MBL’s new Secondary Market for SBA 504 Loans.

With this exciting new program, MBL can purchase your new and existing SBA 504 loans and pay you a premium—up to 4.5% premium on new loans and up to 2% premium on existing loans. This program will help you:

• Eliminate regulatory lending caps and free up capital for more SBA loans.
• Structure loans so they yield maximum premiums.
• Retain deposit and business services relationships with your SBA members.
• Eliminate credit risk through whole loan sales.
• Earn high investment yields through purchase of SBA 504 Securities.
• Receive in-depth training on 504 lending.

Increase your SBA earnings today. For more information click here or submit a referral e-mail to us at 504@MBLLLC.com.